I took out a secured loan with firstplus in January of this year, i have been on the phone to them twice in the last 3 months to see if they are dropping their rates, but never get any joy off them! i will now take the advice off this thread and will be writing to them in the morning. One point that i find hard to beleive is that there is a redemption penalty for the whole term of the loan! will be interesting to see if stands up legally.

I will keep you all informed on my progress.